Our Home Loan and Mortgage Products
EQUITY SAVER PROFESSIONAL PACK
So the guy in the back room with the thick glasses and bald head said “What’s the point in having a charging for Professional pack if there isn’t a benefit?” We agreed so we created a low rate variable home loan. At 6.46% you’ll find it hard to beat but throw in redraw, ATM access, interest only options, an offset account with a Visa debit and your getting the ‘Ferrari’ home loan without the cost – nice!
Features include:
| Interet Rate |
6.46% |
| Purpose of Loan |
Purchase or refinance of residential properties |
| Loan Amounts |
$50,000 to $600,000 |
| Term |
30 years |
| Split Loans |
Maximum of 4 splits |
| Redraw Option |
Telephone, internet, ATM & EFTPOS options all available. (first 5 ATM transactions free, thereafter $1.50 each) |
| Options |
Variable principal and interest |
| Fees |
NIL (Note if application does not proceed & valuation has been completed, applicant will be liable for valuation fee) Annual fee of $375.00 applicable |
| Maximum Loan to Valuation Ratio |
80% |
| Offset Account |
100% redraw offset account available |
| Payment options |
Monthly, fortnightly, weekly & salary crediting options available |
| Principal reductions |
Unlimted to offset account |
| Early Discharge |
If the loan is discharged within the five years of settlement a deferred establishment fee will apply & is based on amount borrows: years 1-3, 1.20%, year 4, 0.80%, year 5, 0.60% |
| Mortgage Insurance |
Paid by lender |